Property trends for LA12

    LA12 covers the south Lakeland area around Ulverston and Barrow-in-Furness in Cumbria, situated in the north-west of England. It is a long-established residential area with a mix of coastal and rural character, appealing to families and those seeking quieter communities.

    At a Glance

    Average Property Price - LA12

    £289,657

    40

    National percentile

    12 month avg at 31 Jul 2026

    Average Monthly Rent - LA

    £815

    20

    National percentile

    Estimate at 31 Jul 2026

    Average Net Household Income - LA12

    £35,392

    34

    National percentile

    2023 census data

    Flat / Maisonette Yield - LA

    5.4%

    26

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Price Growth - LA12

    2.7%

    37

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - LA

    3.4%

    15

    National percentile

    Estimate at 31 Jul 2026

    Street Rankings — LA12

    Top 5 streets in LA12 ranked by 3-year average sale price.

    #Street3Y Avg
    1Belmont£810,000
    2Stockbridge Lane£757,500
    3Woodland Vale£750,000
    4Station Approach£667,000
    5Cannon Croft£624,000

    Latest Rent — LA12

    Property Price & Volume Trends

    The latest average property price in LA12 is £290,000, placing it below the national average. Over the past decade, prices have grown at 3.2% annually, a pace slower than the national trend. Transaction activity has eased compared with its 10-year average, with 307 sales in the latest full year against a historical average of 357.

    Rent & Yield Trends

    Average monthly rent across the broader LA postcode area stands at £795, well below the national median. Rental growth over ten years has been slow at 3.2% per year, ranking among the weakest nationally. Flat yield currently stands at 4.8%, above its 10-year average of 4.2%, reflecting improving returns for buy-to-let investors in the area.

    Income & Affordability Trends

    Average household net income in LA12 is £35,000, below the national average. The price-to-income ratio has widened to 8.6x from 7.2x a decade ago, signalling that housing has become less affordable relative to local earnings. Rental affordability has slightly improved, with the rent-to-income ratio edging down from 23.7% to 23.3% over the same period.

    Resident Demographic Profile

    LA12 has an older demographic profile than England as a whole. Those aged 50–64 comprise 24.3% of the population against a national average of 19.8%, and pensioners (65+) account for 26.5% compared with 19.6% nationally. The area also shows notably higher rates of outright home ownership at 45% versus 33.7% nationally, with a corresponding lower share of private rental housing. Trades workers are overrepresented at 15.4% of the workforce, above the national figure of 10.5%.

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